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China central bank approves Tencent's Tenpay capital boost to $2.1 billion
Reuters via Yahoo Finance· 2 months agoBEIJING (Reuters) -China's central bank has approved Tencent Holdings' online payment platform...
UPDATE 3-China's Tencent marks return to revenue growth in first quarter
Reuters via Yahoo Finance· 1 year agoChina's Tencent Holdings Ltd marked a return to revenue growth in the first quarter as it recovered...
Tencent CEO Pony Ma asks fintech unit to cede share in payments market to avoid challenging banks
South China Morning Post via Yahoo Finance· 4 months agoPony Ma Huateng, founder and chief executive of Tencent Holdings, told employees that the firm's...
Alibaba and Tencent buoyed by hopes China tech crackdown to end
Reuters via Yahoo Finance· 10 months agoAlibaba Group and Tencent shares rose in Hong Kong on Monday as China's $984 million fine for Ant...
China wraps up fintech crackdown with big fines on Tencent, Alibaba
TechCrunch· 10 months agoThe regulatory crackdown that has shaken up China's fintech industry since late 2020 appears to be...
Zacks Investment Ideas feature highlights: Alibaba, Tencent, Microsoft, Nvidia and Baidu
Zacks via Yahoo Finance· 10 months agoFor Immediate Release Chicago, IL – August 1, 2023 – Today, Zacks Investment Ideas feature...
2 Important Things Investors Should Know About Tencent
Motley Fool· 2 years agoOnce a darling among investors, Tencent Holdings Limited (OTC: TCEHY) has seen enormous selling...
Tencent posts 11 per cent increase in second-quarter revenue on advertising recovery, eyes more...
South China Morning Post via Yahoo Finance· 9 months agoTencent Holdings, operator of China's biggest social media app and the world's largest gaming business by revenue, reported an 11 per cent increase in revenue for the second quarter of 2023, ...
Chinese payment giants Alipay and Tenpay fined for rule breaches
Reuters via Yahoo Finance· 10 months agoBEIJING, July 7 (Reuters) - China's Central Bank said in statements on Friday that Chinese payment giants Alipay and Tenpay have been fined and their illegal income has been confiscated. Ant ...
UPDATE 4-China ends Ant Group's regulatory revamp with nearly $1 billion fine
Reuters via Yahoo Finance· 10 months agoChina's central bank said that financial regulators would fine Ant and its subsidiaries a total of 7.12 billion yuan, require it to stop operations of its crowdfunded medical aid service Xianghubao ...